Washington § 28B.92.140 - State educational trust fund — Deposits — Expenditures.

Full text of Washington Revised Code of Washington § 28B.92.140 — State educational trust fund — Deposits — Expenditures., with citation guidance and answers to common questions.

§ 28B.92.140. State educational trust fund — Deposits — Expenditures.

The state educational trust fund is hereby established in the state treasury. The primary purpose of the trust is to pledge statewide available college student assistance to needy or disadvantaged students, especially middle and high school youth, considered at-risk of dropping out of secondary education who participate in approved early awareness and outreach programs and who enter any accredited Washington institution of postsecondary education within two years of high school graduation.
The office shall deposit refunds and recoveries of student financial aid funds expended in prior fiscal periods in such account. The office may also deposit moneys that have been contributed from other state, federal, or private sources.
Expenditures from the fund shall be for financial aid to needy or disadvantaged students. The office may annually expend such sums from the fund as may be necessary to fulfill the purposes of this section, including not more than three percent for the costs to administer aid programs supported by the fund. All earnings of investments of balances in the state educational trust fund shall be credited to the trust fund. Expenditures from the fund shall not be subject to appropriation but are subject to allotment procedures under chapter 43.88 RCW.
[ 2011 1st sp.s. c 11 s 166; 1997 c 269 s 1; 1996 c 107 s 1; 1991 sp.s. c 13 s 12; 1985 c 57 s 10; 1981 c 55 s 1. Formerly RCW 28B.10.821.]

Notes

Effective date—2011 1st sp.s. c 11 ss 101-103, 106-202, 204-244, and 301: See note following RCW 28B.76.020.
Intent—2011 1st sp.s. c 11: See note following RCW 28B.76.020.
Effective dates—1991 sp.s. c 13: See note following RCW 18.04.105.
Effective date—1985 c 57: See note following RCW 18.04.105.

Source: official Washington text · Last verified 2026-08-27

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Frequently Asked Questions About Washington § 28B.92.140

What does Revised Code of Washington § 28B.92.140 cover?

Section 28B.92.140 ("State educational trust fund — Deposits — Expenditures.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

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A common citation format is "Revised Code of Washington § 28B.92.140" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

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